California(CA) Daily Derby Prize Analysis for Mon Jan 02, 2023
Updated: Sunday, January 1st, 2023 11:03 PM
The estimated jackpot for California(CA) Daily Derby on Mon Jan 02, 2023 is $86,000. It was a 4,000 increase from previous jackpot. The California(CA) Daily Derby prize analysis tells you how much you would get after tax withholdings.
As legally required by the state of California, taxes are withheld on lottery winnings of $600.00 or more. For prizes over $5,000.00, US citizens and resident aliens with a social security number are subject to a 25% deduction to their prizes, which represents federal taxes. Luckily, lottery prizes are exempt from California state and local personal income taxes. For more information on taxes for lottery winnings in the state of California, click here.
For the current California(CA) Daily Derby jackpot $86,000, the federal tax amounts to $21,500.00. There is no state tax deduction. The winner will receive, after paying federal taxes, $64,500.00.
For detailed information on Daily Derby Lottery Winning Taxes and Prizes Analysis, see the data listed below.
California(CA) Daily Derby Prize Analysis for Mon Jan 02, 2023 |
Gross Cash Payment | 25% Federal Withholding | 0% State Withholding | Net Payment |
$86,000 | -$21,500.00 | -0 | $64,500.00 |
Past Prize Analysis for Daily-Derby
- Daily Derby Jackpot Analysis for Tuesday, December 17th
- Daily Derby Jackpot Analysis for Monday, December 16th
- Daily Derby Jackpot Analysis for Sunday, December 15th
- Daily Derby Jackpot Analysis for Saturday, December 14th
- Daily Derby Jackpot Analysis for Friday, December 13th
- Daily Derby Jackpot Analysis for Thursday, December 12th
- Daily Derby Jackpot Analysis for Wednesday, December 11th
- Daily Derby Jackpot Analysis for Tuesday, December 10th
- Daily Derby Jackpot Analysis for Monday, December 9th
- Daily Derby Jackpot Analysis for Sunday, December 8th
More Prize Analysis for California(CA) Daily Derby
California Daily Derby |
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Next Draw: Tue Dec 17, 2024 $68,000 Change: +$4,000 |